The first full moon of the year will happen about two weeks after the lunar New Year begins.  This day is marked by celebrating the Lantern Festival.  The round bright lanterns symbolize the new moon.  I just saw ad for  lanterns and I think it provides a satirical, contemporary perspective on this old practice.

These are traditional sky lanterns are 100% biodegradable. Tradition
calls for your wishes or prayers to be written on the lanterns. The
lanterns are then sent off floating up to the heavens. I think the
pollution levels are too thick for God to get a good look are the
The wax coated wicks are ignited and the super thin paper lanterns
float up into the air. The wax coated wicks burn out at about 1500
meters and the lanterns slowly float down to the earth.